Economy & Business
Retail inflation 4.82 per cent in August, on the new 2024 base
CPI inflation (base 2024=100) was 4.82% in August 2026; food inflation 5.95%.
Retail inflation measured by the Consumer Price Index, now on the base year 2024=100, was 4.82 per cent in August 2026 (provisional), up from 4.45 per cent in July: 5.23 per cent in rural and 4.31 per cent in urban areas. Food inflation, by the Consumer Food Price Index, was 5.95 per cent. The Ministry of Statistics and Programme Implementation released the figures on 14 September 2026.
Test yourself
Question 1
From 2026 India's Consumer Price Index is compiled on which base year?
- A2012
- B2022-23
- C2024
- D2011-12
Show the answer and explanation
Correct answer: C
Explanation
The August 2026 CPI was released on the base 2024=100.
2022-23 is the new base of the Wholesale Price Index; 2012 was the old CPI base.
- Concept
- CPI base year
- Typical time
- 50 seconds
- Written from
- pib.gov.in
Question 2
What is the RBI's CPI inflation target, the middle of its tolerance band?
- A2 per cent
- B4 per cent
- C5 per cent
- D6 per cent
Show the answer and explanation
Correct answer: B
Explanation
The target is 4 per cent, with a band from 2 to 6 per cent.
August 2026's 4.82 per cent was inside the band.
- Concept
- Inflation target
- Typical time
- 40 seconds
- Written from
- pib.gov.in